2/55 Wellington StreetPaynesville VIC 3880
Property Details for 2/55 Wellington St, Paynesville
2/55 Wellington St, Paynesville is a 3 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 2005. The property has a land size of 824m2 and floor size of 241m2. While the property is not currently for sale or for rent, it was last transferred in September 2024.
Last Listing description (August 2016)
PAYNESVILLE ON THE GIPPSLAND LAKES
Is there anyone out there looking for a waterfront home for themselves and another for a family member or investment? If so a?? this is the perfect opportunity for you!! Situated on Riviera Harbours and just a short walk to the Paynesville town centre this property is full of surprises. This home is for sale and so is the one next door a?? on a separate title - PRICE: $550,000.00.
* Open plan living including kitchen/dining and lounge with jarrah kitchen and quality slate flooring.
* Water views from the main living areas opening on to deck.
* 3 bedrooms. En-suite to the main bedroom
* Second bathroom with corner spa and separate laundry
* Private, sheltered deck for outdoor entertainment
* Solar panels and natural gas log fire
* Delightful garden
* Triple garage
* Carport
* Half share jetty
Property History for 2/55 Wellington St, Paynesville, VIC 3880
- 04 Sep 2024Transferred
- 20 Jul 2016Listed for Sale $650,000
- 08 Apr 2016Sold for $650,000
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0About Paynesville 3880
The size of Paynesville is approximately 7.0 square kilometres. It has 8 parks covering nearly 3.7% of total area. The population of Paynesville in 2016 was 3480 people. By 2021 the population was 3636 showing a population growth of 4.5% in the area during that time. The predominant age group in Paynesville is 70-79 years. Households in Paynesville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paynesville work in a professional occupation.In 2021, 76.30% of the homes in Paynesville were owner-occupied compared with 71.50% in 2016.
Paynesville has 3,337 properties. Over the last 5 years, Houses in Paynesville have seen a 35.81% increase in median value, while Units have seen a 47.32% increase. As at 31 October 2025:
- The median value for Houses in Paynesville is $603,970 while the median value for Units is $374,388.
- Houses have a median rent of $500 while Units have a median rent of $380.
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